• Location: Sunshine Coast & Hinterland, Queensland
• Price: $170,000 +SAV
• Property ID: 5291913

Description

NEWSAGENCY – Sunshine Coast ID#5291913 – Motivated sellers

Strong retailing focus underpinned by high foot traffic from Lotteries trade. Latest Tatts corporate image installed. Excellent parking with undercover options. Major supermarket anchored centre surrounded by residential.

* Rent approx: $ 14,000 per month

* Turnover Newsagency : $ 556,974
* Turnover Soft Gambling : $ 2,762,876
* Turnover Commission lines : $ 235,388

* Trading : 5.5 Days
* Staff Wages Supporting Owners : $ 77,026
* Delivery Run : No
* Agencies : Golden Casket, Postpoint, Blueshyft

* Owners Profit : $ 167,678
* Stock (estimate) : $ 80,000 (stock not negotiable)

* Purchase Costs : Rental bond below + $ 180,000 including stock
+ approx 15% contract costs. Total Cash required estimate $320k+

NOTE :-
Landlord requires evidence of solid assets for rental bond security.
Either a >$30k cash surplus after purchase &/or House equity
An Assets & Liabilities statement is required
Rental bond could be $50,000 to $100,000+ subject to above

Please Contact :-
Graham Randall on 0419 711 153 or graham@newsagenciesforsale.com.au
or preferably complete the REQUEST INFORMATION form on the top right of this page.

To receive specific details on this business, please visit newsagenciesforsale.net.au and complete a

Declaration & Confidentiality Agreement.